Ericsson wrote:Dividend stagnant for 7 years
Depends from what angle you look at it. There are times where the price was sub-10 meaning if you got it at that price then you will be consistently be getting >10% dividend year in year out.
For example i got in KCB in January 2017 at 24 bob and have been raking > 12% dividend year-in-year-out irrespective of whether dividend goes up or stagnates.
Kenya power promises to one day give me a >14.2% div year in year out. ABP kshs. 3.50
Dumb money becomes dumb only when it listens to smart money